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Unemployment in South Africa Descriptors & Determinants PRESENTATION TO THE COMMISSION ON harvest-tide AND DEVELOPMENT WORLD BANK, WASHINGTON DC, OCTOBER 15TH School of Economics & Development insurance policy Research Unit, University of Cape Town E-mail: haroon.bhorat@uct.ac.za Website: www.commerce.uct.ac.za/dpru HAROON BHORAT  Population: 40.2 gazillion lifespan Expectancy at birth: 47.7 GDP (current prices): $255 bill. GNI per capita: $5390 Merch. Trade (% of GDP): 47.1 summarize Debt Service: 6.9 Internet users: 108.8 per 1000 OVERVIEW A Descriptive and Econometric Overview Causes of Unemployment in South Africa: A Line-Up of the Usual Suspects A Menu of realizable Interventions Unemployment rate Around the World cite: ILO ( two hundred7) Unemployment In South Africa: The initiative Decade of Democracy National Unemployment Rate: 1995-2005 45.0 40.0 35.0 34.3 30.0 30.8 25.4 29.4 30.4 28.2 26.2 26.7 41.8 41.8 41.0 38.8 40.6 Unemployed numbered approximately 7.8 million individuals in 2005 Discouraged work seekers constitute 42% of in general unemployed Data Quality & Reliability. Percent 25.0 20.0 15.0 10.0 5.0 0.0 1995 17.6 2000 2001 2002 2003 2004 2005 Broad Unemployment Narrow Unemployment Unemployment Rates In South Africa: Race & Gender 0.6 53% 47% 0.

5 0.4 mannish effeminate Total 0.3 0.2 0.1 0 African White Total Unemployment Rates In South Africa: Age Distribution 1200 1000 No. of Ue 800 600 400 200 0 15 18 21 24 27 30 33 36 39 42 45 48 51 54 57 60 63 Age 1995 2005 34% Youth Unemployment Rates: The Global Context Source: KILM, 2007 Unemployment Rates by Education Level 60% 50% 40% 30% 20% 10% 0% Up to value 11 Matric 1995 2005 Tertiary % Change All Independent Variable Coloured Asian White Female 25-34 years 35-44 years 45-54 years 55-65 years dF/dx Std. Err. Unemployment: Multivariate Analysis z 0.082 0.220 0.304 -0.114 -0.007 0.129 0.232 0.341 -0.003 -0.011... If you extremity to get a full essay, order it on our website: Ordercustompaper.com

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